Ammonium Nitrate Prices, Trend & Forecasts | Provided by Procurement Resource
|Product Name||Ammonium Nitrate|
|Synonyms||Ammonium nitricum, Ammonium saltpetre, 6484-52-2|
|Region/Countries for which Data is available||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand|
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece,
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||Our services can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after service delivery|
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Ammonium nitrate is a chemical compound that has the chemical formula NH₄NO₃. It contains the ions of nitrate and ammonium. It is like a white crystal-like compound in appearance. It is hygroscopic as a solid and is highly miscible in water.
Ammonium Nitrate has a molecular mass of 80.043g/mol. During combustion, ammonium nitrate produces oxides of nitrogen that tend to be toxic. It is also a very high explosive compound as well.
The largest regional market for ammonium nitrate is North America and hence is expanding the market size. Whereas based on production and consumption, the market is dominated by the Asia Pacific region for ammonium nitrate.
Other countries that contribute largely to the manufacturing of the compound are Japan, Taiwan, and South Korea.
Key Details About the Ammonium nitrate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on ammonium nitrate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Ammonium nitrate price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Ammonium Nitrate Price Trend:
Industrial uses impacting the Ammonium nitrate price trend primarily include fertilizers, industrial and mining explosives, processing aids, surface treating agents, plating agents, PH buffering agents, and reducing and oxidising agents. It is also employed in the production of nitrous oxide. Ammonium nitrate is used in the nutrients for the yeasts and antibiotics.
Key Market Players:
- EuroChem Group AG
- Fertiberia, S.A.
- VWR International, LLC
- Yara International ASA
- CF Industries Holdings, Inc.
- Sumitomo Chemical Co., Ltd.
- San Corporation
- PhosAgro Group of Companies
News and Events:
- September 21, 2021: To curb its pilferage, the government introduced some rules for ammonium nitrate. They proposed improved ways for handling and storing the chemical and some fire-fighting provisions because of the earlier mishap that lead to the Beirut explosion that nearly killed about 140 people.
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